Commercial Market Update – Melbourne Units Cityscope

Sales recorded for Melbourne Units Cityscope for the three months to May 2017 totalled $179.3 million, a slight increase from the $169.6 million recorded for the quarter to February 2017, and a sharp decreased from the $405.2 million recorded for the quarter to November 2016.

The latest data brings the twelve-month sales total to $899.1 million, a decrease from the previous twelve months, which recorded sales of $919.8 million.

The table below shows sales recorded for the past eight updates of Melbourne Units Cityscope.

Some notable sales featured in the May 2017 update of Melbourne Units Cityscope include:

  • Unit 64, Sargood House, at 73 Flinders Lane, Melbourne, a 4 bedrooms plus study residential apartment with 358 sqm over levels seven and eight plus 3 balconies and a car space, which sold for $3.195 million;
  • Unit 2402, The Philadelphia Apartments, at 31 Spring Street, Melbourne, a three bedroom penthouse over three levels including 2 car spaces, which was sold for $3 million and
  • Unit 153 and unit 154, Republic Tower at 299 Queen Street, Melbourne, two 3 bedroom residential units on the fifteenth floor plus total of 3 car spaces, which sold together for $2.6 million.

Melbourne Units Cityscope Quarterly Sales

Commercial Research

Cityscope covers 28 predominantly capital city CBD markets across Australia and New Zealand, providing a rich level of property level data including building attributes, tenancy detail, sales and ownership.For more information on Cityscope or any other CoreLogic products call 1300 734 318 or visit the website at

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About Commercial Research

CoreLogic RP Data Commercial Cityscope is a web-based service. Access is sold by geographic regions (Cityscope areas). There are 25 geographic regions across Australia (three in New Zealand), clustered around the cities of Sydney, Melbourne, Brisbane, Adelaide, Perth, Canberra and Newcastle. Darwin and Hobart CBD centres aren’t covered. Cityscope Areas in NSW and QLD also include lease expiry data for the most complete commercial coverage available. For more information call 1300 734 318.

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